Sensex hits high second day in a row, Rupee opens flat
New Delhi: The Sensex on Tuesday breached its previous highest mark of 39487 and was trading at 39,554.28 points in opening trade. The Nifty, too, opened at a record high of 11857.10 points. Rupee opened flat two days after Exit Poll results.
The S&P BSE Sensex rose as much as 0.45 per cent to cross 39,500 for the first time and the NSE Nifty 50 rose as much as 0.42 per cent to 11,877.90. The broader market index represented by the NSE Nifty 500 Index rose as much as 0.37 per cent.
Experts are of the belief that the market breadth was tilted in favour of buyers. About 906 stocks advanced and 548 shares declined on National Stock Exchange.
Meanwhile, the Indian rupee opened a little changed against the U.S. dollar. The home currency traded at 69.76 against the greenback, compared to yesterday’s close of 69.74.